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The Motley Fool Money Half-Year Review

Motley Fool Money

Walgreen's Stock Fell Sharply as It Lowered Its Financial Outlook Amid Weaker Consumer Spending

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Earlier in the week, Walgreen stock fell sharply as the company lowered its financial outlook amid weaker consumer spending. Management set the table for a potentially challenging fiscal 2024. The demand for COVID shots and testing is cooled off considerably. It does look like the headwinds are going to continue for some time to come.

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